SALINAS, Calif., Feb. 14, 2024 (Globe Newswire) — Lowell Farms Co., Ltd. The California-based cannabis company (the “Company”) (CSE: LOWL; OTCQX: LOWLF), with advanced production capabilities including extraction, manufacturing and distribution, has appointed Jamie Schniedwind as the Company’s Chief Financial Officer, effective February. announced that he had been appointed as the person in charge. 16, 2024.
“Jamie has been an integral part of the Lowell team for the past two years, working with the finance team to implement critical processes and drive efficiencies across the company.” Lowell Farms CEO ), Mark Ainsworth said: “As Lowell Farms' CFO, Jamie's comprehensive experience in finance and accounting will support the company in this competitive cannabis industry.”
Mr. Schniedwind brings significant financial and accounting expertise to Lowell Farms Inc. During his time at the company, his accomplishments already include creating the internal financial reporting cycle, establishing SQL-based dashboards for real-time financial visibility, and leading the accounting team in all aspects. Aspects of inventory and costing. Schneedwind's journey in finance began at San Jose State University, where he earned a bachelor's degree in business administration with an emphasis in accounting. Mr. Schniedwind started his career at Ernst & Young and honed his skills as a senior auditor. During this time, he specialized in auditing public and private companies. In 2019, Mr. Schneedwind joined San Mateo, Calif.-based cannabis brand Plus Products as a senior financial analyst, managing financial reporting for the U.S. and Canada, conducting financial audits, and leading the forecasting and budgeting process. did.
Schneedwind will succeed Tessa O'Dowd, who previously served as the company's interim chief financial officer.
“I would like to thank Tessa for her contributions to Lowell Farms,” said CEO Ainsworth. “We wish her all the best in her future endeavors.”
About Lowell Farms Co., Ltd.
Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) (the “Company”) is a California-based company with advanced production capabilities that support its supply chain, including extraction, manufacturing, branding, marketing, and distribution. It's a cannabis company. Lowell Farms has an exclusive portfolio of award-winning brands, including Lowell Herb Co., House Weed, Moon, Cypress Cannabis, and Original Pot Co., for licensed retailers across the state.
Lowell Farms Inc. Media Contact
pr@lowellfarms.com
Lowell Farms Co., Ltd. Investor information contact information
Bill Mitulas
416-479-9547
ir@lowellfarms.com
Lowell Farms Co., Ltd. Company Contact Information
mark ainsworth
ir@lowellfarms.com
Forward-looking information and statements
This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act. It may contain statements that may constitute. Such forward-looking information and forward-looking statements do not represent historical facts, information or current conditions, but only represent our beliefs regarding future events, plans or goals. , many of which by their nature are inherently uncertain and beyond our control. Generally, such forward-looking information or forward-looking statements may include statements such as “plans,” “expects,” “does not expect,” “anticipates,” “budgets,” “scheduled,” or “anticipates.” You can identify them by the use of forward-looking terminology, such as “forward-looking statements”. “,” “estimate,” “predict,” “intend,” “anticipate,” “unexpected,” or “believe,” or variations of such words or phrases, or specific actions; May contain statements that events or results “may” occur. , “may,” “will,” “may,” or “take place,” “continue,” “occur,” or “achieve.” The forward-looking information and forward-looking statements contained herein reflect Lowell Farm Services' anticipated growth and our ability to successfully achieve our business objectives and other economic, business and/or expectations. May include, but are not limited to: There can be no assurance that such forward-looking information and statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information and statements. These statements reflect the Company's current beliefs and are based on information currently available to the Company and assumptions that the Company believes to be reasonable.
Forward-looking information is subject to known and unknown risks, uncertainties and the possibility that our actual results, level of activity, performance or achievements may differ materially from those expressed or implied by such forward-looking information. may be affected by other factors. Such risks and other factors include, but are not limited to, general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices of securities; Operating and development costs. competition; changes in laws or regulations affecting us; the timing and availability of external financing on acceptable terms; our available funds and anticipated use of such funds; Good production level and output. Price stability for cannabis products. Level of demand for cannabis products. Availability of Third Party Service Providers and Other Inputs for Our Operations. shortage of qualified skilled labor or loss of key individuals; risks and delays due to the COVID-19 pandemic; A description of the additional assumptions used to create such forward-looking information and a description of additional risk factors that could cause actual results to differ materially from those in the forward-looking information provided by the Company as set out in our disclosure documents, such as our annual information form. SEDAR website: www.sedar.com and the Company's Form 10 filed on the SEC website (www.sec.com). Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, the Company There may be other factors that may cause this. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information. There is no guarantee that your plans, intentions or expectations will come true. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
The forward-looking information contained in this news release represents our expectations as of the date of this news release and, therefore, is subject to change after that date. However, we do not intend to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws. We expressly disclaim any liability.
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